ARQ Wealth Advisors LLC Increases Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

ARQ Wealth Advisors LLC raised its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,607 shares of the company’s stock after acquiring an additional 69 shares during the quarter. ARQ Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $689,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of IVE. Pinney & Scofield Inc. acquired a new position in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $26,000. Kentucky Trust Co acquired a new stake in iShares S&P 500 Value ETF during the 4th quarter worth approximately $29,000. Providence First Trust Co purchased a new position in iShares S&P 500 Value ETF in the 4th quarter valued at approximately $31,000. Centricity Wealth Management LLC purchased a new position in iShares S&P 500 Value ETF in the 4th quarter valued at approximately $34,000. Finally, Morse Asset Management Inc acquired a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth $41,000.

iShares S&P 500 Value ETF Trading Down 0.6%

iShares S&P 500 Value ETF stock opened at $186.32 on Friday. The firm has a market capitalization of $37.13 billion, a P/E ratio of 21.18 and a beta of 0.89. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $206.63. The stock’s fifty day simple moving average is $184.05 and its 200-day simple moving average is $191.96.

iShares S&P 500 Value ETF Company Profile

iShares S&P 500 Value ETF (the Fund), formerly iShares S&P 500 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500 Value Index (the Index). The Index measures the performance of the large-capitalization value sector of the United States equity market and consists of those stocks in the S&P 500 exhibiting the strongest value characteristics.